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Wells Fargo Stick to Their Buy Rating for Dow Inc

Mar 17, 2021 08:26AM ET
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Wells Fargo (NYSE:WFC) analyst Michael Sison maintained a Buy rating on Dow Inc on Wednesday, setting a price target of $80, which is approximately 26.62% above the present share price of $63.18.

Sison expects Dow Inc to post earnings per share (EPS) of $1.66 for the first quarter of 2021.

The current consensus among 9 TipRanks analysts is for a Moderate Buy rating of shares in Dow Inc, with an average price target of $64.29.
The analysts price targets range from a high of $80 to a low of $50.

In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $10.71 billion and a net profit of $848 million. The company's market cap is $47.08 billion.

According to TipRanks.com, Wells Fargo analyst Michael Sison is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 16.5% and a 68.21% success rate.

Dow, Inc. materials science company, combining science and technology to develop innovative solutions. It operates through three business segments: Performance Materials & Coatings, Industrial Intermediates & Infrastructure, and Packaging (NYSE:PKG) & Specialty Plastics. The Performance Materials & Coatings segment includes industry-franchises that deliver a wide array of solutions into consumer and infrastructure end-markets. The segment consists of two global businesses: Coatings & Performance Monomers and Consumer Solutions. These businesses primarily utilize Dow's acrylics, cellulosics- and silicone-based technology platforms to serve the needs of the architectural and industrial coatings, home care and personal care end-markets. The Industrial Intermediates & Infrastructure segment consists of two customer-centric global businesses Industrial Solutions and Polyurethanes & CAV that develop important intermediate chemicals that are essential to manufacturing processes, as well as downstream, customized materials and formulations that use advanced development technologies. The Packaging & Specialty Plastics segment consists of two global businesses: Hydrocarbons & Energy and Packaging and Specialty Plastics. The company was founded on August 30, 2018 and is headquartered in Midland, MI.

Wells Fargo Stick to Their Buy Rating for Dow Inc
 

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